On 7 July 2020, Bermuda's Minister of Finance issued the final Revised Guidance Notes in relation to the Economic Substance Act 2018 (the "Act").

Following continued discussions with the EU's Code of Conduct Group and the OECD, Bermuda has passed amendments to its economic substance laws to more closely align Bermuda's regime ...

The Digital Asset Business Amendment Act 2019 (the "DABA Amendment Act") was approved by the Bermuda Parliament on 2 October 2019.

Appleby has announced the promotion of Andrew Kuzma, Jamie Rego, Sam Riihiluoma and Caljonah Smith to Senior Associate. The promotions represent all practice groups: Corporate, Dispute Resolution....

The recent decision of the Supreme Court of Bermuda in Ministry of Finance v IJK Limited [2021] SC (Bda) 8 Civ provides welcome clarification for Respondents on the right of review of Production Orders...

The BMA has issued a number of consultation papers with suggested enhancements to the investment business regime in Bermuda. These changes will see significant amendments...

The Economic Substance Act 2018 (the "Act")1 requires Bermuda-based entities that are carrying on a "relevant activity" in a relevant financial period and entities claiming "non-resident entity" status under the Act to file an Economic Substance Declaration Form.

The Registrar will determine whether or not the applicable substance requirements are met, based on the information provided by the relevant entity.

TISE has several international recognitions and memberships – for example, it is considered a “Recognised Stock Exchange” by UK HMRC and a “Designated Offshore Securities Market” by the US SEC. The Exchange is uniquely positioned within Europe but outside the EU and UK, providing a proportionate disclosure regime.

Employment opportunities that could emerge as a result of Bermuda's growing technology sector should not be underestimated, according to Steven Rees Davies

Walkers Bermuda is pleased to welcome newly admitted associate Malacia Madden to its Corporate, Finance, Funds & Insurance practice group following the successful completion of her articles

Transfers of loan portfolios between lending institutions have always been commonplace in the financial market. A number of factors may come into play – some lenders may wish to lower their risks...

Green and sustainable finance has been expanding rapidly as investment decisions are increasingly taking into account environmental, social and governance (ESG) factors.